VLU vs. VTV
Compare and contrast key facts about SPDR S&P 1500 Value Tilt ETF (VLU) and Vanguard Value ETF (VTV).
VLU and VTV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VLU is a passively managed fund by State Street that tracks the performance of the S&P 1500 Low Valuation Tilt Index. It was launched on Oct 24, 2012. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004. Both VLU and VTV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLU or VTV.
Key characteristics
| VLU | VTV | |
|---|---|---|
| YTD Return | 21.38% | 21.06% |
| 1Y Return | 34.45% | 32.50% |
| 3Y Return (Ann) | 9.62% | 9.73% |
| 5Y Return (Ann) | 14.28% | 11.82% |
| 10Y Return (Ann) | 14.69% | 10.66% |
| Sharpe Ratio | 3.04 | 3.16 |
| Sortino Ratio | 4.26 | 4.44 |
| Omega Ratio | 1.57 | 1.58 |
| Calmar Ratio | 5.74 | 5.45 |
| Martin Ratio | 19.61 | 20.53 |
| Ulcer Index | 1.75% | 1.58% |
| Daily Std Dev | 11.28% | 10.27% |
| Max Drawdown | -37.38% | -59.27% |
| Current Drawdown | -0.70% | -0.78% |
Correlation
The correlation between VLU and VTV is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VLU vs. VTV - Performance Comparison
The year-to-date returns for both stocks are quite close, with VLU having a 21.38% return and VTV slightly lower at 21.06%. Over the past 10 years, VLU has outperformed VTV with an annualized return of 14.69%, while VTV has yielded a comparatively lower 10.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VLU vs. VTV - Expense Ratio Comparison
VLU has a 0.12% expense ratio, which is higher than VTV's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VLU vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 1500 Value Tilt ETF (VLU) and Vanguard Value ETF (VTV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
VLU vs. VTV - Dividend Comparison
VLU's dividend yield for the trailing twelve months is around 1.85%, less than VTV's 2.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLU SPDR S&P 1500 Value Tilt ETF | 1.85% | 2.02% | 2.16% | 1.86% | 1.98% | 2.19% | 2.57% | 1.95% | 2.14% | 6.37% | 5.42% | 3.41% |
VTV Vanguard Value ETF | 2.23% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
Drawdowns
VLU vs. VTV - Drawdown Comparison
The maximum VLU drawdown since its inception was -37.38%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for VLU and VTV. For additional features, visit the drawdowns tool.
Volatility
VLU vs. VTV - Volatility Comparison
SPDR S&P 1500 Value Tilt ETF (VLU) has a higher volatility of 4.29% compared to Vanguard Value ETF (VTV) at 3.69%. This indicates that VLU's price experiences larger fluctuations and is considered to be riskier than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.